25 years of reform have transformed China from a centrally planned and closed system to a predominantly market-driven and open economy. China is emerging as the new powerhouse for the world economy. This book discusses the impact and significance of this transformation, presenting conclusions...

1. Introduction / Jason Begley [and others] -- 2. Creating local economic resilience : co-operation, innovation and firms' absorptive capacity / Jonathan Michie and Christine Oughton -- 3. Global economic crises and local fortunes : the case of Oxfordshire and Buckinghamshire / Rupert Waters and...